Until this year, the banking sector in Uganda remained one of those areas of industry held in high esteem and incapable of wrong. Mere mortal Ugandans only ever approached banks when they absolutely had and the word of a bank manager was as respected as a doctor’s. That is until businessman Hamis Kiggundu took Diamond Trust Bank Uganda Limited, alongside its sister bank in Kenya, to court over Uganda Shillings 120 billion. Kiggundu claimed that over a ten-year period, the bank had siphoned the money from his accounts. Many doubters thought the bank case was a trick by the young … Continue reading Ham Kiggundu’s bravery has ‘undressed’ the banking system